,,ii  #aaith ,,congress  #ast ,session  
,s4 #accd  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,april #h1     
#bjbe,mr4 ,tillis 7for himself and ,mr4 
,warnock7 introduced the following bill2
 which was read twice and referred to   
the ,committee on ,finance  ,a ,,bill   
,to amend the ,internal ,revenue ,code  
of #aihf to increase the percentage     
limitation on assets of real estate     
investment trusts which may be held in  
taxable ,,reit subsidiaries4  #a4       
,increase in percentage limitation on   
assets of ,,reit which may be taxable   
,,reit subsidiaries  7a7 ,in general    
,section #hef7;c77#d77;,b77ii7 of the   
,internal ,revenue ,code of #aihf is    
amended by striking #bj percent and     
inserting #be percent4  7b7 ,effective  
date ,the amendment made by this section
 shall apply to taxable years beginning 
after ,december #ca1 #bjbe4